Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗Signals are based on public datasets; program eligibility requires verification.
1 permit on record since 2022 · $4K total declared value · Most recent: Sep 2022 (remodel)
BUSBY DASENT
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Near - North · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 33
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
Urban Neighborhood 2 — moderate-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 4,339 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1116 MORGAN AVE N MINNEAPOLIS MN 55411 | B STANIFER/R BROWN/C VIEL | RESIDENTIAL | $279,000 | 62 ft |
| 1204 MORGAN AVE N MINNEAPOLIS MN 55411 | PHILIP BINNS | RESIDENTIAL | $300,000 | 121 ft |
| 1110 MORGAN AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 125 ft |
| 1123 LOGAN AVE N MINNEAPOLIS MN 55411 | NORTH SIDE COMMUNITY L P | LOW INCOME RENTAL | $372,000 | 139 ft |
| 1119 LOGAN AVE N MINNEAPOLIS MN 55411 | NORTH SIDE COMMUNITY L P | LOW INCOME RENTAL | $372,000 | 142 ft |
| 1115 LOGAN AVE N MINNEAPOLIS MN 55411 | ROSIE LEE HOWARD-CREA | RESIDENTIAL | $316,000 | 162 ft |
| 1206 MORGAN AVE N MINNEAPOLIS MN 55411 | XOUA XIONG | RESIDENTIAL | $196,000 | 175 ft |
| 1100 MORGAN AVE N MINNEAPOLIS MN 55411 | JOHN BAKER | VACANT LAND-RESIDENTIAL | $19,000 | 189 ft |
| 1119 MORGAN AVE N MINNEAPOLIS MN 55411 | FAITH DELIVERANCE HOLINESS C | COMMERCIAL-PREFERRED | $0 | 191 ft |
| 1205 LOGAN AVE N MINNEAPOLIS MN 55411 | J S COLLAGUAZO | RESIDENTIAL | $336,000 | 193 ft |
Most Recent Sale
Current Tax Year